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ronald reagan's. with the limits that you are in a government where we are now looking at very few paying the freight for it we have to do something about that. >> i think we do. but let me tell you. powers at be are not in washington. as long as you are there, powers that be are in washington. >> i have you on the phone. >> enough said i got you on the phone. we talk about a simplified tax code and i think it is the way to go. >> i think that is what paul ryan should have said to joe biden. he voted for 50 to 28%. and the democrats led the fight over the years and kerry brown he wanted 100 percent to pay income tax at the exact same rate and came in second in the primary in 1992 in the democratic party. everyone knows you should have a low rate flat tax for economic growth and/or fairness. it is the right way to go. >> i'm sorry. but everyone having skin in the game. >> exactly. >> they are not looking at the poorest among us. but if you have a stake in the game you are interested in the game and you
ronald reagan's. with the limits that you are in a government where we are now looking at very few paying the freight for it we have to do something about that. >> i think we do. but let me tell you. powers at be are not in washington. as long as you are there, powers that be are in washington. >> i have you on the phone. >> enough said i got you on the phone. we talk about a simplified tax code and i think it is the way to go. >> i think that is what paul ryan should...
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Oct 12, 2012
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>> ronald reagan. >> you are no jack kennedy, 24 years later. joe biden turned up the intensity after a lackluster debate performance at the top of the ticket. good morning. i'm willie geist and this is "way too early." in danville, kentucky, they were pressed from the moderator. some of the shorpest points of contrast came on the subject of iran's nuclear program and the two sides conflicting plans for medicare. the vice president made an effort to be engaged even when congressman ryan had the floor. unlike president obama, the vice president kept his eyes on his opponent smiling and shaking his head as the republican candidate attacked. >>> the hot topic of libya and the deadly assault in benghazi that killed four americans including the u.s. ambassador. president obama's deputy campaign manager suggested the only reason the obama's handling of the attack is because the republicans are talking about it on the campaign trail. she said that was reckless and irresponsib irresponsible. last night, ryan blasted the white house. >> it took the presi
>> ronald reagan. >> you are no jack kennedy, 24 years later. joe biden turned up the intensity after a lackluster debate performance at the top of the ticket. good morning. i'm willie geist and this is "way too early." in danville, kentucky, they were pressed from the moderator. some of the shorpest points of contrast came on the subject of iran's nuclear program and the two sides conflicting plans for medicare. the vice president made an effort to be engaged even when...
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Oct 13, 2012
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. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now. kennedy's plan, enacted after his death, took the top marginal tax rate from 91% to 71% over a two-year period. lots of loopholes, but the growth argument, gdp rose by barely a percent during that time. isn't much when the economy was growing at a rate like china's, but the u.s. was at the time. they got a boost, but not much of one. ronald reagan's first big tax cut went into effect, and the economy did surge. economic growth went from 4.9% to north of 8%. year three, not so impressive. look at quarters, there were some drops. for perspective, today, the top marge call tax rate is 30%, not like are you at 70 or 90. can a r
. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now....
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Oct 14, 2012
10/12
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ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth year in a row. the administration does not have a lot of bragging rights. 15% on f
ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business...
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Oct 13, 2012
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. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking back at this it really taxes the way that they come up in these debates. the thing they're not talking about are mitt romney's taxes. the idea that they can look back and talk about taxes and ryan still getting caught with these lies and then the next day saying that's exactly what we meant to say. how does this work, errol. >> a promise has been made. a big broad promise has been made to splash taxes. it's estimated by a reasonable objective source that this could cost treasury 5 tril
. >> look at what mitt romney--look at what ronald reagan and tip o'neill did. >> michael: i mean, as my friend cenk uygur would say, of course! the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i...
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Oct 9, 2012
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the reality is no, he's not ronald reagan. ronald reagan had core values. you saw those in the debates. you saw that in his life. i don't think barack obama has core values at all. he listens to whoever is talking to him and espouses the talking points. is barack obama ronald reagan? i know ronald reagan. he was my father and friend. barack is no ronald reagan thank god. megyn: we had scott on a couple weeks ago when he was one of the lone pollsters showing this a tight race. whenever that seems to happen, scott, they seem to take shots at you as somebody who is not reliable and does haven't good polls. even though -- even though now all these polls are showing what you are showing -- the republicans put out today a list of the polls that show this race tightening and it's across the pollsters showing this race tightening in all the states you mention. despite here, here is what chuck todd said about you. >> we spent a lot more money polling than scott rasmussen does. >> he was right the last couple elections. >> he got it right at the end. you guys used th
the reality is no, he's not ronald reagan. ronald reagan had core values. you saw those in the debates. you saw that in his life. i don't think barack obama has core values at all. he listens to whoever is talking to him and espouses the talking points. is barack obama ronald reagan? i know ronald reagan. he was my father and friend. barack is no ronald reagan thank god. megyn: we had scott on a couple weeks ago when he was one of the lone pollsters showing this a tight race. whenever that...
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Oct 8, 2012
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. >> well, look aat athe job -- >> thank ronald reagan. >> absolutely. that's why romney's tax plan is want plan we need. lower rates broaden the base. it worked in '86, '87, '88. worked in '81 and '82. let's pause there for a second. >> thanks for the lead-in about reagan. >> romney has victory in the deba debate. every single poll shows he's picked up 5, 6, 7 points. some of these local battleground states picked up 8, 9 points. is does that change your stock market outlook from bear to bull? >> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not expected a week ago but is now more expected, if he wins what is the stock market impact? is it greater than earnings and the federal reserve? how do you assess a romney victory? >> what becomes important is the effect on capital gain
. >> well, look aat athe job -- >> thank ronald reagan. >> absolutely. that's why romney's tax plan is want plan we need. lower rates broaden the base. it worked in '86, '87, '88. worked in '81 and '82. let's pause there for a second. >> thanks for the lead-in about reagan. >> romney has victory in the deba debate. every single poll shows he's picked up 5, 6, 7 points. some of these local battleground states picked up 8, 9 points. is does that change your stock...
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. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected, should those who believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or interrupting a guy who's lying to america? >> it was openly contemptuous and disrespectful. >> karen finney on the right wing freak-out over joe biden's knockout performance. >> ever felt that way where you just want to deck somebody? >> an obnoxious drunk. i think somewhere during the debate he took ritalin. >>> good to have you with us tonight, folks. thanks for watching. what did we see? we witnessed a schooling on the issues by vice president joe biden last night. it really was the shot in the arm the democrats and the progressives were hoping for. after watching mitt romney get away with lie after lie
. >> ronald reagan -- >> now you're jack kennedy? >> ronald reagan -- >> "now's" terri o'neal on the romney ticket's disaster for women. >> if the romney/ryan ticket is elected, should those who believe abortion should remain legal be worried? >> david cay johnston on ryan's sixth study lie. >> can you guarantee this math will add up? >> absolutely. six studies have guaranteed. >> and what's more disrespectful? lying to america or...
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and i alluded to ronald reagan who was open to getting some if not most of what he wanted because it meant getting none of what he wanted. jerry brown tax cut which was a flat tax rate on everyone. no progressivity and replacing all federal taxes with two flat rate taxes it was not revenue neutral and it had a little bit of positive revenue. i supported that all of the way because of the tremendous boon bye getting rid of the income tax and i think it would have been wonderful. we need to compromise on all of the issues but not until we have a good position. i don't want to compromise before we start the discussion. i think -- >> wait until the election. >> and then sit down with your people. you don't give away your fail back position before you start. >> we'll see. thank you very much. >>> and how the rest of the world, thank you. and how the rest of the world is viewing us and this and the back and forth and dismissing all of not that they are q. in great shape themselves. but we are hardly looking like fiscal jack lalanes. can what is happens over there happen over here? don't la
and i alluded to ronald reagan who was open to getting some if not most of what he wanted because it meant getting none of what he wanted. jerry brown tax cut which was a flat tax rate on everyone. no progressivity and replacing all federal taxes with two flat rate taxes it was not revenue neutral and it had a little bit of positive revenue. i supported that all of the way because of the tremendous boon bye getting rid of the income tax and i think it would have been wonderful. we need to...
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president carter lost to ronald reagan, president reagan lost his first debate to robert mondale. president bush lost his first debate to bill clinton and ross perot. next president bush lost his first debate to john kerry. so when president obama lost his first debate last week to his challenger, mitt romney, that outcome was totally in keeping with the sad, sad incumbent president tradition of getting creamed in their first debate. but what hat means for tonight is that the democrats are looking for a solid performance to try to stop the republican momentum, to try to quash the poll imbalance that romney and ryan have been enjoying since the debate last week even if stephanie cutter tried to tell us a minute ago there was so much bounce. to that end, chuck todd joins us from the debate site with new polling information out today. chuck, what do we know today, chuck? >> i think we know, look, there has been some movement in romney's direction. now, some of it is, i would say, if you look at everything we've learned over the last few days, in our polling, in ohio, florida, and vir
president carter lost to ronald reagan, president reagan lost his first debate to robert mondale. president bush lost his first debate to bill clinton and ross perot. next president bush lost his first debate to john kerry. so when president obama lost his first debate last week to his challenger, mitt romney, that outcome was totally in keeping with the sad, sad incumbent president tradition of getting creamed in their first debate. but what hat means for tonight is that the democrats are...
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows he was concerned about his safety, that it could blow up, and legally it should be investigated, and warrant the hiring of a special prosecutor. do you think it blows up to be that big of an issue, and do you think it will come up in this debate. >> it may come up, i think that the administration is in a very tough position, they have two answers, which were not good, one is they were incompetent the other, they were lying. neil: true to your word, keeping it straight and simple like your old boss. if it takes away from this administration. you heard from time again from vice president that osama bin l
>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows...
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the reason he's going to win is this was the most-watched debate since 1980 when ronald reagan ran against carter and there was only one debate that year. >> fox news is pulling out all the stops. check out the electoral prediction map fox trotted out today. look at the red states. they gave mitt romney solid democratic states like new mexico and pennsylvania. really? polls should be a snapshot of the current state of the race and there's no doubt mitt romney is benefitting from his debate performance last week. but over "the new york times," the forecast shows president obama still holds a 70% chance of winning the election. the percentage is back in line with the state of the race before the political conventions. president obama made some gains after the dnc. mitt romney erased those gains in the debate. so the race is back to where it was in august. eight years ago today, cnn poll after the first presidential poll put john kerry on top of george bush by one percentage point. the race is close. this should surprise no one in america. every vote is going to count. there's been bipartisan
the reason he's going to win is this was the most-watched debate since 1980 when ronald reagan ran against carter and there was only one debate that year. >> fox news is pulling out all the stops. check out the electoral prediction map fox trotted out today. look at the red states. they gave mitt romney solid democratic states like new mexico and pennsylvania. really? polls should be a snapshot of the current state of the race and there's no doubt mitt romney is benefitting from his...
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Oct 7, 2012
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ronald reagan signed on to one of the largest -- one of the largest tax increases -- >> that was a tax -- >> that's why -- >> kept it from exploding. >> worked out -- >> you have to have some notion of what you want to do. >> the issue here is that, you know, romney has not put any of the details out. that is true. he's thrown some ideas. he said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending, not touching medicare, i mean there's a lot of things that don't add up but because romney has not given the details doesn't give the president the right to make them up for him. he is not going to have a $5 trillion net tax cut. >> absolutely good at details -- >> that's not his plan. >> but i think to say there's a $5 trillion tax cut to be offset by mystery meat. you know, that's a correct statement. >> or -- >> there's a $5 trillion tax cut, well, we don't know what it is he's going to do but what he proposed is a $5 trillion tax cut plus he says, trust me, i'll do something different. >> what can be more legitimate in saying y
ronald reagan signed on to one of the largest -- one of the largest tax increases -- >> that was a tax -- >> that's why -- >> kept it from exploding. >> worked out -- >> you have to have some notion of what you want to do. >> the issue here is that, you know, romney has not put any of the details out. that is true. he's thrown some ideas. he said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending,...
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. >> i was there when ronald reagan -- >> 800 million billion -- >> i've been to afghanistan 20 times. >> i was there, man, million billion, it's the cripplingest of crippling sanctions, like, ever, man. that's where i would go. >> what touted me was the loving way paul was staring at joe while he was talking. made me think about what might he have been thinking when he's staring at paul with this loving gaze? i wondered maybe he might say tell me more about how you used to get legislation passed in the continental congress. >> nice. >> very grandfatherly. >> i'm not a funny person. my thought was -- >> oh, stop it. >> you're not intentionally funny. >> thank you. >> yes, you are. >> do the exact opposite. how about biden is presented as a calm, placid figure. >> yes. >> precisely worded sentences and -- that's all i got. >> and ryan comes out in his outfit from "time" magazine, his weight lifting magazine pumping iron. >> oh, man. the ha the hat backwards. >> that would be awesome. >> whatever happens it's going to be amazing. >> great ideas. >> i'm sure they have ideas of their own.
. >> i was there when ronald reagan -- >> 800 million billion -- >> i've been to afghanistan 20 times. >> i was there, man, million billion, it's the cripplingest of crippling sanctions, like, ever, man. that's where i would go. >> what touted me was the loving way paul was staring at joe while he was talking. made me think about what might he have been thinking when he's staring at paul with this loving gaze? i wondered maybe he might say tell me more about how...
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when ronald reagan came into office and looked at social security. he appointed a bipartisan commission and they studied it for two years. and in 1983, they moved forward to pass legislation to reform social security. so those are the kind of things that you can do. i've seen it when i was governor. when we brought democrats and republicans together, we did the infrastructure. we made the commitment to rebuild california. we did a lot of progress in reducing the greenhouse gases and making a commitment to 33% of renewables in the year 2020. and stem cell research. on and on. and as soon as in 2005 when i thought i could go off by myself, and it's my way or the highway, just like the republican party, we're going to grind it out, it failed miserably. so i learned first hand is that the only action is when both parties come together. >> former governor of california. you understand the demographic shifts in the country very well. the latino population not just in california but throughout the southwest, throughout the midwest and the rest of the countr
when ronald reagan came into office and looked at social security. he appointed a bipartisan commission and they studied it for two years. and in 1983, they moved forward to pass legislation to reform social security. so those are the kind of things that you can do. i've seen it when i was governor. when we brought democrats and republicans together, we did the infrastructure. we made the commitment to rebuild california. we did a lot of progress in reducing the greenhouse gases and making a...
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...
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green, i paid for this microphone was one of ronald reagan's breakthrough moment. the weird moment with eastwood and an empty chair may be symbolic of the first debate. >> the issue of the taxes alone, the big knock against governor romney here is that he walks away from a $5 trillion tax cut plan. he assumes that tax cuts spur growth and make the math work. simpson bowles say his math doesn't add up. you either explode the deficit. raise the middle class tax cuts, something has to give. >> something has to give and we just heard mike say that maybe the thing that gives is mortgage interest deductions. the single most important thing to middle class american families. and that's going to be and we'll get to this later. that's going to be a challenge for paul ryan. i think that what we have experiencing right now and we just said it, is that this sort of style over substance is, is, i don't think going to overtake this race. i think you have a president who was trying to move the facts out. was facing a guy who, who he hadn't seen before. either mitt romney is compl
green, i paid for this microphone was one of ronald reagan's breakthrough moment. the weird moment with eastwood and an empty chair may be symbolic of the first debate. >> the issue of the taxes alone, the big knock against governor romney here is that he walks away from a $5 trillion tax cut plan. he assumes that tax cuts spur growth and make the math work. simpson bowles say his math doesn't add up. you either explode the deficit. raise the middle class tax cuts, something has to give....
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>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the board. what we are saying -- >> i hope i get time to respond-- >>> you will get time. >> we want to work with congress on how best to achieve this. >> martha: no specifics? >> lower tax rates 20%, start with the wealthy. work with congress to do it? >> martha: you guarantee this math will add up. >> six studies have guaranteed and verified. >> martha: vice-president -- [overlapping dialogue] >> let me translate. let me have a chance to translate. >> first of all, i was there when ronald reagan tax rates and he gave specifics of what he was going to cut, number 1 nterms of tax expen
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the...
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ronald reagan did the same thing from the right. the middle in america governors. it's like a bell curve. most americans are in the middle. you have to appeal to the middle in order to win and then to governor effectively. >> bill, i love it when folks are honest. >> well, yes. he's appealed to the middle and the left and the right and everybody else, mitt romney has. if you want to talk about his position on abortion, he's gotten quite a few of those. >> i'm glad you brought that up. much has been made over that. in fact, the u.s. news and world report put out an excellent piece over the number of different views he's had over his political career. how can we discern what governor romney's actual view on abortion and women's rights, what his actual view is? >> we can't. we can't. they have changed. when he first took office as governor of massachusetts, he said he was pro choice. then he appears to have had a sincere conversion to the pro life side, which he so far has maintained, but he said he's not going to sponsor any legislation to stage the status quo on abo
ronald reagan did the same thing from the right. the middle in america governors. it's like a bell curve. most americans are in the middle. you have to appeal to the middle in order to win and then to governor effectively. >> bill, i love it when folks are honest. >> well, yes. he's appealed to the middle and the left and the right and everybody else, mitt romney has. if you want to talk about his position on abortion, he's gotten quite a few of those. >> i'm glad you brought...
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Oct 12, 2012
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. >> first of all, i was there when ronald reagan gave specifics to what he was going to cut in terms of tax expenditures. 97% of small-business americans paid -- make less than $250,000. amid tell you who some of the other small businesses are. hedge funds that make a hundred million dollars a year. that is what they call as small business. gov. romney on 60 minutes about 10 days ago was asked, you pay 14% on $20 million. somebody making $50,000 face more than that. he said that is fair. that is fair. do you think these guys are going to go out there and cut the loopholes? the biggest loophole they take advantage of is the carriage entrance loophole and the capital gains loophole. the reason that the american enterprise study, the tax policy center study all say taxes will go up on the middle-class is it is the only way you can find at $5 trillion and loopholes as to cut the mortgage deduction for middle-class people, take away their ability to get a tax break to send their kids to college. >> is he wrong about that? >> he is wrong about that. and cut tax rates by 20% and still prese
. >> first of all, i was there when ronald reagan gave specifics to what he was going to cut in terms of tax expenditures. 97% of small-business americans paid -- make less than $250,000. amid tell you who some of the other small businesses are. hedge funds that make a hundred million dollars a year. that is what they call as small business. gov. romney on 60 minutes about 10 days ago was asked, you pay 14% on $20 million. somebody making $50,000 face more than that. he said that is fair....
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Oct 7, 2012
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john roberts ended up serving in the ronald reagan and bush administration at the point to the supreme court in 2005 to succeed william after he died from the think ready cancer. what is the legacy that you believe that william gave to john robert, do you see in the same? i see him as the natural heir. >> >> host: in the same partisan thing. >> guest: absolutely in the same partisan thing. roberts ask roberts is a a more deft partisan. he's also actually, if you believe the academics and you believe, and i do, the their methodology and their analysis of the record, he's actually more conservative than william. ro
john roberts ended up serving in the ronald reagan and bush administration at the point to the supreme court in 2005 to succeed william after he died from the think ready cancer. what is the legacy that you believe that william gave to john robert, do you see in the same? i see him as the natural heir. >> >> host: in the same partisan thing. >> guest: absolutely in the same partisan thing. roberts ask roberts is a a more deft partisan. he's also actually, if you believe the...